China Textile Industry Federation Released Its First Sock Index Yesterday.

China

Industry's first hosiery index 30 days in China

The Federation was officially released.

Under the joint clicks of Xia Lingmin, vice president of China Textile Industry Federation and Zhuji vice mayor Meng Guofeng, the Datang socks industry index was officially released and opened.

The tenth session of last October 18th

After the establishment of the price index index by the China knitwear industry association and Datang Town, after 4 months of data model establishment and information collection, Datang Hosiery Industry index data model has been built and perfected.

The Datang stocking industry index is made up of three parts: the landscape index, the socks industry price index and the stocking material price index. In the next 18 days of each month, Zhuji will release the Datang stocking industry index. The socks industry and related industry operators can view the index on the official website of the China Knitting Industry Association, the Datang sock industry network and so on, and master the latest stocking industry price trend and the stock price trend of the stocking industry.

Yang Shibin, President of the China knitwear industry association, said that the release of the index will play a guiding role in the industry, enhance the market and guide the pformation, upgrading, technological innovation, product development, energy saving and emission reduction of Datang socks industry. At the same time, it will help improve the brand influence of the Datang socks industry and further promote the development of the market, thus providing a strong guarantee for Datang to consolidate the "international socks".

"The world socks industry looks at China, the Chinese socks industry looks at Datang".

The hosiery industry has now formed a major industrial cluster with Datang town as the center, which radiated 12 towns and townships and attracted nearly 200 thousand employees. In 2011, there were more than 10 thousand hosiery machines and 127 thousand hosiery machines. In 2011, socks produced 19 billion 300 million pairs, socks and supporting industries achieved 55 billion 500 million yuan in value, 53 billion 900 million yuan in sales revenue, 4 billion 600 million yuan in profit, and 1 billion 146 million in exports, accounting for the 65% of the whole country and the global strength. It has established a decisive position in the whole country and even the whole world. The Datang hosiery industry has been established as the largest stocking and raw material production base in the world and one of the most growing industries in twenty-first Century. After more than thirty years of rapid development, Datang

"Raw materials market" and "East China fine socks industry park" and other titles.

Datang town is known as "the hometown of Chinese socks industry", "China's famous sock town" and "international socks".

The release of this index will help producers to reduce blindness, avoid market risks, save production and paction costs, accelerate the pformation and upgrading of socks industry, and enhance market competitiveness. It will further enhance the influence and popularity of Datang socks Market in Zhejiang, and further consolidate the position of Datang's largest socks production base and China's knitting raw material production base, and help to gradually establish the right to speak in the international market of socks industry in China.

The hosiery index will become the "weathervane" of the domestic socks industry's creative research and development and the "barometer" of the world socks Market.